COMPASS Pathways (CMPS) Operating Expenses (2020 - 2026)
COMPASS Pathways (CMPS) posted quarterly Operating Expenses of $42.9 million for Q1 2026, down 13.53% year-over-year from $49.6 million in Q1 2025, and down 6.63% quarter-over-quarter from $46.0 million in Q4 2025.
COMPASS Pathways (CMPS) Operating Expenses (2020 - 2026) Analysis & Trends
COMPASS Pathways (CMPS) has reported Operating Expenses for 7 consecutive years, with $42.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 13.53% year-over-year to $42.9 million; the TTM figure through Mar 2026 stood at $172.3 million (down 8.94% YoY), while the FY2025 annual figure was $179.0 million, changed 0.47% from the prior year.
- Operating Expenses eased to $42.9 million in Q1 2026 per CMPS's latest filing, from $46.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $49.6 million in Q1 2025 and bottomed at $25.4 million in Q1 2022.
- Historically, Operating Expenses has averaged $38.1 million across 5 years, with a median of $38.6 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 86.88% — and 2025, when it declined 15.37%.
- COMPASS Pathways' Operating Expenses stood at $32.2 million in 2022, then climbed by 19.3% to $38.4 million in 2023, then climbed by 26.06% to $48.4 million in 2024, then dropped by 5.09% to $46.0 million in 2025, then fell by 6.63% to $42.9 million in 2026.
- Business Quant data shows CMPS's Operating Expenses at $42.9 million in Q1 2026, $46.0 million in Q4 2025, and $40.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 17.74 Bn |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 3.00 Mn |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 1.31 Bn |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 2.98 Bn |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 1.32 Bn |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 4.12 Bn |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 1.32 Bn |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 584.05 Mn |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 490.51 Mn |
| 10 | COMPASS Pathways | 1.83 Bn | 1.83 Bn | - | 52.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 52.37 Mn |
| Mar 31, 2026 | 42.90 Mn |
| Dec 31, 2025 | 45.95 Mn |
| Sep 30, 2025 | 40.54 Mn |
| Jun 30, 2025 | 42.93 Mn |
| Mar 31, 2025 | 49.62 Mn |
| Dec 31, 2024 | 48.41 Mn |
| Sep 30, 2024 | 47.90 Mn |
| Jun 30, 2024 | 43.32 Mn |
| Mar 31, 2024 | 38.57 Mn |
| Dec 31, 2023 | 38.41 Mn |
| Sep 30, 2023 | 34.06 Mn |
| Jun 30, 2023 | 32.66 Mn |
| Mar 31, 2023 | 31.79 Mn |
| Dec 31, 2022 | 32.19 Mn |
| Sep 30, 2022 | 25.54 Mn |
| Jun 30, 2022 | 27.26 Mn |
| Mar 31, 2022 | 25.42 Mn |
| Dec 31, 2021 | 28.32 Mn |
| Sep 30, 2021 | 21.77 Mn |